DrKW gets five-day OTC derivatives trading ban in Japan

The investigation, which was conducted by the inspection bureau of the FSA between February and June this year, found DrKW had begun trading OTC derivatives in December 1998 while only receiving regulatory approval in August 1999. DrKW also started trading credit derivatives in May 1999, six months prior to receiving approval in November 1999, according to Atsushi Sasagawa, deputy director at the FSA in Tokyo.During the period April 2001 to February 2002, DrKW had also placed a number of its